Overcoming the treasury challenges of operating in Africa
Africa’s economy holds a lot of promise and growth prospects for international businesses, but one of the continent’s major challenges is its fragmented payments ecosystem.
Payday Secures $3M Seed Round to Power the Future of Work for Africa
Pan-African neobank Payday has raised $3m in a seed round led by Moniepoint, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors.
Apis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments.
Apis Growth Fund II, a UK-based private equity fund managed by Apis Partners, plans to invest €29 million (US$31 million) in Peach Payments, a digital payment service provider operating in Africa.
ETAP launches Takaful – the first digital car insurance product in Africa that redistributes funds to users
Insurance technology company ETAP has launched ETAP Takaful, a car insurance product based on Islamic principles that aims to redistribute funds to users and support social good in their communities.
32 Startups Selected for the Financial Solutions for Migrants Accelerator Program
Impact-driven startups developing digital financial inclusion solutions for migrants have been selected by Village Capital to participate in the Financial Solutions for Migrants program.
Opportunik Global fund set to break barriers through its African and diasporan-focused investment fund
Opportunik is a private wealth fund that aims to give Africans and Diasporans access to global investments with minimal currency or political risk.
Nigerian FinTech Touch and Pay (TAP) Launches New Booking Solution
Touch and Pay Technologies (TAP) is a Nigerian fintech company that has introduced a digital payment solution for interstate travel from Lagos, Nigeria’s largest city, to other parts of the country.
Understanding the dynamics of successful Co-Founder relationships
[vc_row full_width=”stretch_row” pix_particles_check=”” css=”.vc_custom_1648218350020{padding-top: 80px !important;padding-bottom: 80px !important;background-color: #ffffff !important;}”] Source: Greylock partners’ blog, Greymatter has published an article that delves into the dynamics of successful co-founders. The piece stresses the significance of shared vision in building a successful business and highlights the importance of complementary skills among co-founders. The article emphasizes the importance of […]
African layoffs wave hits Kenya at Microsoft
Source: Microsoft announced earlier this year that it would lay off 10,000 employees to align its cost structure with revenue and customer demand. While most layoffs occurred in Seattle, Washington, where Microsoft’s operations are based, Kenya was the first African country to be affected. According to their Chief Technology Officer (CTO) Edward Ochieng of Sklylab […]
OpenAI has announced the release of its latest version of ChatGPT, called GPT-4
Source: The most recent version of OpenAI’s successful chatbot, ChatGPT, has been released under the name GPT-4. Since its debut in November 2022, ChatGPT has been widely used by millions of people. GPT-4 introduces a new feature, allowing it to suggest tips based on images of components, and took six months to develop its safety […]
